February 19, 2022
1 min read

‘Int’l aid alone will not save Afghanistan’

Concerns over the deterioration of the economic situation in Afghanistan have been heightened by the recent decision of US President Joe Biden to split the frozen Afghan assets currently in American banks…reports Asian Lite News

Geneva Call, an independent humanitarian organisation, has said that the humanitarian situation in Afghanistan is dire and warned that if cash does not reach soon, poverty and misery will increase in this country.

In an exclusive interview with TOLO News, head of the organisation, Alain Deletroz, said that humanitarian aid alone will not prevent the crisis in Afghanistan and that the country’s economy needed to become healthier as more money was provided.

“As a humanitarian organization we avoid commenting on political issues, but what we keep saying and telling our donors, if there is no money coming to Afghanistan at all, the humanitarian situation will be increasing,” he said.

Concerns over the deterioration of the economic situation in Afghanistan have been heightened by the recent decision of US President Joe Biden to split the frozen Afghan assets currently in American banks

Meanwhile, the Wall Street Journal said in a report that Biden’s executive order to distribute $7 billion of Afghan assets to the families of 9/11 victims is another blow to the country’s declining economy.

“The Biden administration’s decision to effectively seize the Afghan central bank’s foreign reserves is likely to deepen Afghanistan’s already devastating economic crisis, according to Afghan bankers and economists and international aid workers,” the report reads.

After the collapse of the previous government, world aid to Afghanistan halted, and the imposition of sanctions on the Islamic Emirate has put the country on the brink of a complete economic collapse.

ALSO READ: Top US general warns of ISIS presence in Afghanistan

Previous Story

Ukraine’s breakaway territories in military mobilisation

Next Story

Germany, France tell citizens to leave Ukraine

Latest from -Top News

Pak-Afghan Tensions Escalate Over Strikes

The airstrikes by Pakistani fighter jets on parts of Barmal district in Paktika province was the second instance in 2024 of Islamabad directly hitting “civilian areas” on Afghan territory…reports Asian Lite News

India Condemns Pak’s Blame Tactics

The airstrikes by Pakistani fighter jets on parts of Barmal district in Paktika province was the second instance in 2024 of Islamabad directly hitting “civilian areas” on Afghan territory….reports Asian Lite News

Jaishankar, Sullivan Boost India-US Ties

Sullivan’s visit is aimed at reviewing the India-US Initiative on Critical and Emerging Technologies (iCET)…reports Asian Lite News External Affairs Minister (EAM) S. Jaishankar on Monday met US National Security Advisor (NSA)

India Hits $1 Trillion FDI Milestone

Between April 2014 and September 2024, India attracted USD 709 billion in FDI, accounting for 69% of the total inflows since 2000. India has reached a remarkable economic milestone, with Foreign Direct

Maha Kumbh 2025: Festivities Begin

Women participated in a special Ganga Aarti at the Triveni Sangam in Uttar Pradesh’s Prayagraj earlier. The ritual also served as a rehearsal for the upcoming Kumbh Mela. The festivities for Maha
Go toTop

Don't Miss

Afghan farmers in dire need of help

A farmer, Hajji Abdul Hamid who distributes water among the

‘Afghanistan’s future lies in Pakistan hands’

Pakistan’s role holds importance because of the extent of support